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Severe winters · Warm summers

Best heat pumps for Peoria, IL

Peoria averages 6.4 nights a year at or below 0°F, so pick a cold-climate certified model and check its output at 5°F.

A typical heat pump costs about $1,708 a year to heat a house here and $322 to cool it. A 95% gas furnace would cost $921 for the same heat.

Cheapest to run in Peoria

Ranked by yearly electricity cost in this climate, so the balance of heating and cooling efficiency is the one that matters here. Cold-climate certified models only.

Running cost calculator for Peoria

Pre-filled with Peoria's climate and Illinois prices. Pick a model, tell it what you heat with today, and add your quote.

Heat pump $1,321/yrCosts more by $228/yrSee details ↓
1. Where you live
Adjust heating and cooling hours

Filled in from your city's climate. Change them if you run the system much more or less than usual.

2. The heat pump pick a model or type its ratings
3. What it replaces
4. Price replace the example with your quote
Heat pump, per year
$1,321
Current system, per year
$1,093
Costs more per year
$228
Payback
No payback
Net after 10 years
-$11,276

Cooling $182Heating $1,139Electricity used: 6,960 kWhSaved vs. a minimum-efficiency heat pump: $300

Estimates use the unit's rated SEER2 and HSPF2, full-load hours derived from NOAA 1991-2020 degree days, average residential electricity prices from the U.S. EIA (12 months to July 2026) and fuel prices from EIA (2025 for natural gas, week of 2026-10-05 for propane and heating oil). Very cold days that need backup heat are not modelled. Federal minimum for comparison: 14.3 SEER2 / 7.5 HSPF2.

More for Peoria

Top 5 12,000 BTU mini-splitsfrom $420/yr
Top 5 24,000 BTU mini-splitsfrom $839/yr
Top 5 3-ton central heat pumpsfrom $1,444/yr
ModelSEER2HSPF2Per year
TOSHIBA CARRIER MCY-MUB0368HS2P-UL29.712.2$1,444
LG KUSXA361A23.510.5$1,697
Trane 5TWV0X36A121.010.5$1,724
Lennox SL22KLV-036-230A20.510.5$1,731
LG KUSXB361A22.010.3$1,741

All 3-ton central heat pumps

Heat pump vs. gas, propane and oilgas is cheaper to run

Yearly cost to heat a typical house (36,000 BTU/h of heat, 2,250 full-load hours) at Illinois prices.

  • Natural gas furnace, 95% AFUE$921/yr
  • Natural gas furnace, 80% AFUE$1,094/yr
  • Propane furnace, 95% AFUE$1,705/yr
  • Heat pump (typical, 9.0 HSPF2)$1,708/yr
  • Heating oil, 85% AFUE$4,110/yr
  • Electric baseboard or furnace$4,506/yr

Electricity and natural gas: Illinois residential averages from the U.S. EIA; propane and heating oil: latest EIA weekly prices.

Month by monthpeak $372 in January

Heating and cooling degree days (NOAA 1991-2020 normals) and what a typical 3-ton heat pump costs in each month at 19.0¢/kWh.

MonthHeating DDCooling DDCost
January1,2210$372
February9780$298
March7342$224
April37613$118
May13588$66
June13247$73
July1351$98
August3297$83
September67137$58
October33522$108
November6941$211
December1,0590$322
What size heat pump for a Peoria home?5 ton for 2,000 sq ft
  • 1,000 sq ft house2.5 ton · heating load 27,000 BTU/h
  • 1,500 sq ft house3.5 ton · heating load 40,500 BTU/h
  • 2,000 sq ft house5 ton · heating load 54,000 BTU/h
  • 2,500 sq ft house5+ ton · heating load 67,500 BTU/h

Average insulation, 8 ft ceilings. Size calculator for your own home

Questions4
Do heat pumps work in Peoria winters?
Peoria averages 6.4 nights a year at or below 0°F, so pick a cold-climate certified model and check its output at 5°F. The average winter low is 21°F, and the heating season adds up to 5,614 heating degree days (NOAA 1991-2020 normals).
How much does it cost to run a heat pump in Peoria?
A typical 3-ton central heat pump (17.0 SEER2, 9.0 HSPF2) uses about $1,708 of electricity a year for heating and $322 for cooling in Peoria, at the Illinois average of 19.0¢/kWh. The most efficient models cost less - see the rankings above.
Is a heat pump cheaper than a gas furnace in Peoria?
Not on heating alone at today's prices: about $1,708 a year with a typical heat pump versus $921 with a 95% gas furnace (Illinois averages: 19.0¢/kWh, $1.08/therm). A high-HSPF2 model narrows the gap, and a heat pump also replaces the air conditioner. Against propane, oil or electric heat it is usually far cheaper.
What size heat pump do I need for a 2,000 sq ft house in Peoria?
With average insulation, roughly a 5-ton system: the estimated cooling load is 30,600 BTU/h and the heating load 54,000 BTU/h. Use the size calculator for your own house, and ask installers for a Manual J calculation.

Nearby cities

Climate: NOAA 1991-2020 normals, station PEORIA GTR PEORIA AP (11 km away).